Nigeria’s oil and fuel content material regulator on Tuesday introduced a $100 million fairness capital scheme to spice up indigenous participation within the power tech and mentioned it will tighten compliance regulations from subsequent yr.

Felix Ogbe, govt secretary of the Nigerian Content Development and Monitoring Board (NCDMB), instructed the Practical Nigerian Content Forum that the fund, introduced in partnership with the Bank of Industry, would supply fairness financing to high-growth native power provider companies.

The board can even introduce a compliance certificates from January 1, 2026, confirming corporations’ adherence to a compulsory 1% remittance legal responsibility, Ogbe mentioned. The certificates might be required for allows and approvals.

Ogbe mentioned Nigerian content material ranges in monitored initiatives rose to 61% from 56% remaining yr, bringing up primary initiatives akin to NLNG Train 7, NNPC’s AKK pipeline and TotalEnergies’ Ubeta fuel modernization.

Other tasks come with a commercial space problem in early 2026, expanded coaching techniques for oilfield abilities, and measures to curb fraudulent packages for native content material certificate.

“The work before us is significant, but so is the opportunity,” Ogbe mentioned. “Nigerian content is key to national development and industrialisation.”

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